Noncompete, Nonsolicitation. During the term hereof and the period specifically indicated in subsections (A), (B), (C) and (D) below, following termination of Employee’s employment for any reason, Employee will not, directly or indirectly, on behalf of himself or any behalf of anyone else: (A) for a period of twelve (12) months, as an individual proprietor, partner, stockholder, officer, employee, director, joint venturer, investor, lender, or in any other capacity whatsoever (other than as the holder of not more than five percent (5%) of the total outstanding stock of a publicly-held company), engage in any business activity that directly competes with the kind or type of products or services of developed or being developed, produced marketed, distributed, planned, furnished or sold by the Company while Employee was employed by the Company; (B) for a period of twelve (12) months, call upon any of the customers of the Company who are such at the time of Employee’s termination of employment hereunder, for the purpose of soliciting or providing any product or service the same as that provided by the Company or for the purpose of providing customers to any person or entity conducting a business in direct competition with the business of the Company, as conducted at the date of Employee’s termination (a “Competitive Business”); (C) for a period of twelve (12) months, communicate with any of the other employees, consultants or representatives of the Company for the purpose of inducing such employees, consultants or representatives to discontinue their relationship with the Company or to establish a relationship with Employee or any Competitive Business; and (D) for a period of twelve (12) months, solicit, divert or take away or attempt to solicit, divert or take away any of the customers, clients, licenses, strategic partners or patrons of the Company who are such at the time of the Employee’s termination of employment with the Company.
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Samples: Employment Agreement (Authentec Inc), Employment Agreement (Authentec Inc), Employment Agreement (Authentec Inc)
Noncompete, Nonsolicitation. During the term hereof and for the period specifically indicated in subsections (A), (B), (C) and (D) below, following termination of Employee’s employment for any reason, Employee will not, directly or indirectly, on behalf of himself or any on behalf of anyone else:
(A) for a period of twelve (12) months, as an individual proprietor, partner, stockholder, officer, employee, director, joint venturer, investor, lender, or in any other capacity whatsoever (other than as the holder of not more than five percent (5%) of the total outstanding stock of a publicly-held company), engage in any business activity that directly competes with the kind or type of products or services of developed or being developed, produced produced, marketed, distributed, planned, furnished or sold by the Company while Employee was employed by the Company;
(B) for a period of twelve (12) months, call upon any of the customers of the Company who are such at the time of Employee’s termination of employment hereunder, for the purpose of soliciting or providing any product or service the same as that provided by the Company or for the purpose of providing customers to any person or entity conducting a business in direct competition with the business of the Company, as conducted at the date of Employee’s termination (a “Competitive Business”);
(C) for a period of twelve twenty-four (1224) months, communicate with any of the other employees, consultants or representatives of the Company for the purpose of inducing such employees, consultants or representatives to discontinue their relationship with the Company or to establish a relationship with Employee or any Competitive Business; and
(D) for a period of twelve (12) months, solicit, divert or take away or attempt to solicit, divert or take away any of the customers, clients, licenses, strategic partners or patrons of the Company who are such at the time of the Employee’s termination of employment with the Company.
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Noncompete, Nonsolicitation. During the term hereof and the period specifically indicated in subsections (A), (B), (C) and (D) below, following termination of Employee’s employment for any reason, Employee will not, directly or indirectly, on behalf of himself or any behalf of anyone else:
(A) for a period of twelve (12) months, as an individual proprietor, partner, stockholder, officer, employee, director, joint venturer, investor, lender, or in any other capacity whatsoever (other than as the holder of not more than five percent (5%) of the total outstanding stock of a publicly-held company), engage in any business activity that directly competes with the kind or type of products or services of developed or being developed, produced marketed, distributed, planned, furnished or sold by the Company while Employee was employed by the Company;
(B) for a period of twelve (12) months, call upon any of the customers of the Company who are such at the time of Employee’s termination of employment hereunder, for the purpose of soliciting or providing any product or service the same as that or similar to any product or service provided by the Company or for the purpose of providing customers to at any person or entity conducting a business in direct competition time during Employee’s employment with the business of the Company, as conducted at the date of Employee’s termination (a “Competitive Business”);; and
(C) for a period of twelve (12) months, communicate with any of the other employeesEmployees, consultants or representatives of the Company for the purpose of inducing such employeesEmployees, consultants or representatives to discontinue their relationship with the Company or to establish a relationship with Employee or any Competitive Business; and
(D) for a period of twelve (12) months, solicit, divert or take away or attempt to solicit, divert or take away any of the customers, clients, licenses, strategic partners or patrons of the Company who are such at the time of the Employee’s termination of employment with the Company.
Appears in 1 contract
Samples: Employment Agreement (Authentec Inc)
Noncompete, Nonsolicitation. During the term hereof and the period specifically indicated in subsections (A), (B), (C) and (D) below, following termination of Employee’s employment for any reason, Employee will not, directly or indirectly, on behalf of himself or any behalf of anyone else:
(A) for a period of twelve (12) months, as an individual proprietor, partner, stockholder, officer, employee, director, joint venturer, investor, lender, or in any other capacity whatsoever (other than as the holder of not more than five percent (5%) of the total outstanding stock of a publicly-held company), engage in any business activity that directly competes with the kind or type of products or services of developed or being developed, AuthenTec, Inc. • P.X. Xxx 0000 • Xxxxxxxxx, XX 00000-0000 • Tel: 1-000-000-0000 • Fax: 1-000-000-0000 • wxx.xxxxxxxxx.xxx produced marketed, distributed, planned, furnished or sold by the Company while Employee was employed by the Company;
(B) for a period of twelve (12) months, call upon any of the customers of the Company who are such at the time of Employee’s termination of employment hereunder, for the purpose of soliciting or providing any product or service the same as that provided by the Company or for the purpose of providing customers to any person or entity conducting a business in direct competition with the business of the Company, as conducted at the date of Employee’s termination (a “Competitive Business”);
(C) for a period of twelve (12) months, communicate with any of the other employees, consultants or representatives of the Company for the purpose of inducing such employees, consultants or representatives to discontinue their relationship with the Company or to establish a relationship with Employee or any Competitive Business; and
(D) for a period of twelve (12) months, solicit, divert or take away or attempt to solicit, divert or take away any of the customers, clients, licenses, strategic partners or patrons of the Company who are such at the time of the Employee’s termination of employment with the Company.
Appears in 1 contract
Samples: Employment Agreement (Authentec Inc)
Noncompete, Nonsolicitation. During the term hereof of Xxxxxxx’x employment hereunder and for the period specifically indicated in subsections (A), (B), (C) and (D) below, following termination of Employee’s Xxxxxxx’x employment for any reason, Employee Xxxxxxx will not, directly or indirectly, on behalf of himself or any on behalf of anyone else:
(A) for a period of twelve (12) monthsmonths following the effective date of his termination, as an individual proprietor, partner, stockholder, officer, employeeXxxxxxx, director, joint venturer, investor, lender, or in any other capacity whatsoever (other than as the holder of not more than five percent (5%) of the total outstanding stock of a publicly-held company), engage in any business activity that directly competes with the kind or type of products or services of developed or being developed, produced produced, marketed, distributed, planned, furnished or sold by the Company while Employee was employed by as of the effective date of Xxxxxxx’x termination of employment with the Company;
(B) for a period of twelve (12) monthsmonths following the effective date of his termination, call upon any of the customers of the Company who are such at the time of Employee’s Xxxxxxx’x termination of employment hereunder, for the purpose of soliciting or providing any product or service the same as that provided by the Company or for the purpose of providing customers to any person or entity conducting a smart sensor or embedded security business in direct competition with the business of the Company, as conducted at as of the effective date of Employee’s Xxxxxxx’x termination of employment with the Company (a “Competitive Business”);; and
(C) for a period of twelve (12) monthsmonths following the effective date of his termination, communicate with any of the other employees, consultants or representatives of the Company as of the effective date of his termination for the purpose of inducing such employees, consultants or representatives to discontinue their relationship with the Company or to establish a relationship with Employee or any Competitive Business; and
(D, provided that this restriction is not intended to apply to any general solicitation or advertisement for employment that is not specifically directed to employees, consultants or representatives employed or retained by the Company. The Company agrees that the restrictions set forth in this Section 2(c)(iii) for a period of twelve (12) months, solicit, divert or take away or attempt to solicit, divert or take away shall be deemed null and void if the Company breaches any of the customers, clients, licenses, strategic partners or patrons of the Company who are such at the time of the Employee’s termination of employment with the Companyits obligations pursuant to Section 2(b)(ii).
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